We all studied Aesop's masterpiece story of the goose that laid the golden eggs. Only thing is Mother Nature is so vast and so rich that it does not die in a minute. And we should note that it's not Mother Nature who dies because of our collective greed and consumerism wave with credit money, it's rather human kind who would perish in another kind of harsh conditions as Mother Nature naturally adjusts to these increased credit driven demands.
We are no longer talking about economic sustainability of this 'fiat' money, we are rather talking about sustainability of human civilization for years to come in Mother Nature.
And expectedly we don't learn. Governments had to win the next elections, corporates had to win shareholders' confidence, and we all wanted to have as much as we could because who cares what happens to the world fifty years down the line. Each of us individually live only one life. "Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children."[1] Unfortunately, in present world we know that we don't treat the earth well. And more importantly by now we know the possible consequences - so we can't blame it on ignorances any more.
And the bauty is our children can't hold us accountable for our borrowings - unlike me borrowing from a bank and the bank again borrowing from central banker. What a nice system our policy makers developed to sustain short-term growth and prosperity by 'killing the metaphorical golden goose' systematically and without any accountability, Mother Nature all over. And unlike the Aesop's story where the farmer failed to get rich quick, in our case we would have a much more catastrophic effect, globally.
But again, it's not me and you per se who would face the catastrophic effect because of again the vast resources of Mother Nature - it's our children and theirs and theirs who would pay the price for this catastrophic deliberate mistake.
And when the system of this exploitation of Mother Nature is institutional and followed globally, we can either be part of it happily or we can grudge and be forced to be part of it umwillingly. It's a relative order of who can exploit Mother Nature more and that too how fast.
And I said in the beginning - gold was supposed to be the first casualty when gold window was closed by US unilaterally back in 1971. But as long as we prospered sustainably, it didn't matter. Now we feel that present system of credit is not sustainable on Mother Nature. So why not look back what's happening to gold which was money since the beginning of human civilization till 1971.
And this is what another legend, Alan Greenspan, who just retired from the helm of the system that run this 'fiat' currency globally against gold said (albeit at a younger age):
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation."[2]
So where do we go from here...
All of us globally are aware of the overt global war led by US against terror. Very few of us are aware about another covert global war of dollar against gold since 1971. Are they linked together? Directly or indirectly? Can the outcome of one potentially determine the outcome of other? Why should there at all be a global war of gold against dollar? How is this war fought? Who are the participants? What happens if gold wins and what happens if dollar wins?
Is it a hallucination that I am trying to build as a hype or there exists truth in it? More important is to ask, if there is some truth in it, which side would you support as an individual in this global war of gold against dollar?
We will examine that...well...with my personal bias. We all try to be neutral; but we all have our own individual prejudices and bias.
Let's repeat the first question - is the overt war against terror and covert war of dollar against gold linked together, directly or indirectly.
The answer is yes. They indeed are, and very much directly. But by how much - I don't know. Chaos theory suggests movement of a butterfly in Beijing can influence the weather in Bahama. However I am not talking about that type of linkages here. The linkage is substantial, and if there was no war of gold against dollar, my guess would be there may not have been any war against terror. However these 'if but' stories are hypothetical situations which has not happened as the war of gold against dollar preceded the other by thrity years; and therefore is difficult to ascertain to.
Let's repeat the 2nd question: can the outcome of one war potentially determine the outcome of other?
We are no longer talking about economic sustainability of this 'fiat' money, we are rather talking about sustainability of human civilization for years to come in Mother Nature.
And expectedly we don't learn. Governments had to win the next elections, corporates had to win shareholders' confidence, and we all wanted to have as much as we could because who cares what happens to the world fifty years down the line. Each of us individually live only one life. "Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children."[1] Unfortunately, in present world we know that we don't treat the earth well. And more importantly by now we know the possible consequences - so we can't blame it on ignorances any more.
And the bauty is our children can't hold us accountable for our borrowings - unlike me borrowing from a bank and the bank again borrowing from central banker. What a nice system our policy makers developed to sustain short-term growth and prosperity by 'killing the metaphorical golden goose' systematically and without any accountability, Mother Nature all over. And unlike the Aesop's story where the farmer failed to get rich quick, in our case we would have a much more catastrophic effect, globally.
And when the system of this exploitation of Mother Nature is institutional and followed globally, we can either be part of it happily or we can grudge and be forced to be part of it umwillingly. It's a relative order of who can exploit Mother Nature more and that too how fast.
And I said in the beginning - gold was supposed to be the first casualty when gold window was closed by US unilaterally back in 1971. But as long as we prospered sustainably, it didn't matter. Now we feel that present system of credit is not sustainable on Mother Nature. So why not look back what's happening to gold which was money since the beginning of human civilization till 1971.
And this is what another legend, Alan Greenspan, who just retired from the helm of the system that run this 'fiat' currency globally against gold said (albeit at a younger age):
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation."[2]
So where do we go from here...
All of us globally are aware of the overt global war led by US against terror. Very few of us are aware about another covert global war of dollar against gold since 1971. Are they linked together? Directly or indirectly? Can the outcome of one potentially determine the outcome of other? Why should there at all be a global war of gold against dollar? How is this war fought? Who are the participants? What happens if gold wins and what happens if dollar wins?
Is it a hallucination that I am trying to build as a hype or there exists truth in it? More important is to ask, if there is some truth in it, which side would you support as an individual in this global war of gold against dollar?
We will examine that...well...with my personal bias. We all try to be neutral; but we all have our own individual prejudices and bias.
Let's repeat the first question - is the overt war against terror and covert war of dollar against gold linked together, directly or indirectly.
The answer is yes. They indeed are, and very much directly. But by how much - I don't know. Chaos theory suggests movement of a butterfly in Beijing can influence the weather in Bahama. However I am not talking about that type of linkages here. The linkage is substantial, and if there was no war of gold against dollar, my guess would be there may not have been any war against terror. However these 'if but' stories are hypothetical situations which has not happened as the war of gold against dollar preceded the other by thrity years; and therefore is difficult to ascertain to.
Let's repeat the 2nd question: can the outcome of one war potentially determine the outcome of other?
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